Cognizant Technology Solutions
Q1 2022 Earnings Call
May 04, 2022, 5:00 p.m. ET
Contents:
- Prepared Remarks
- Questions and Answers
- Call Participants
Prepared Remarks:
Operator
Ladies and gentlemen, welcome to the Cognizant Technology Solutions Q1 2022 earnings conference call. [Operator instructions] I would now like to turn this conference over to Mr. Tyler Scott, vice president, investor relations. Please go ahead, sir.
You may begin the presentation.
Tyler Scott -- Vice President, Investor Relations
Thank you, operator, and good afternoon, everyone. By now, you should have received a copy of the earnings release and the investor supplement for the company's first quarter 2022 results. If you have not, copies are available on our website, cognizant.com. Speakers we have on today's call are Brian Humphries, chief executive officer; and Jan Siegmund, chief financial officer.
Before we begin, I would like to remind you that some of the comments made on today's call and some of the responses to your questions may contain forward-looking statements. These statements are subject to the risks and uncertainties as described in the company's earnings release and other filings with the SEC. Additionally, during our call today, we will reference certain non-GAAP financial measures that we believe provide useful information for our investors. Reconciliations of non-GAAP financial measures where appropriate to the corresponding GAAP measures can be found in the company's earnings release and other filings with the SEC.
With that, I'd like to turn the call over to Brian Humphries. Please go ahead, Brian.
Brian Humphries -- Chief Executive Officer
Thank you, Tyler. Good afternoon, everyone. Thanks to our talented employees, we delivered on our first quarter commitments in what continues to be an intensely competitive global labor market. First quarter revenue was $4.8 billion, up 10.9% year over year in constant currency, above the midpoint of our first quarter guidance of 10.2% to 11.2% growth.
Growth was led by digital, which grew 20% year over year and now represents 50% of our revenue. We had another exceptional quarter in digital business operations, which continues to meaningfully outgrow the BPO market reflecting momentum in intelligent process automation and digital native clients. First quarter operating margin was 15%, down slightly sequentially as expected, reflecting seasonality. First quarter bookings growth of 4% was in line with our expectations following exceptional bookings growth in the fourth quarter.